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Stay on track with this payroll compliance checklist

BMT Office Administration

Payroll compliance is no small task. Everyone knows that executing payroll accurately and on time is important, after all everyone wants to get paid for their world. However, there is also a lot more that goes into proper payroll processing including a large number of compliance functions and concerns.

Payroll 52
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It’s time to review (or create) your document retention policy

BMT Office Administration

They create a document retention policy that clarifies what needs to be saved, where, and for how long. Sticking to a set record retention policy eliminates guesswork and promotes efficiency. Courts and government agencies frown upon individual employees selectively keeping or tossing important documents.

Policies 105
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4 Monumental Ways Banning Noncompete Clauses Will Transform The Future Of Work

Allwork

According to the agency, such clauses exacerbate inequalities in the workforce by limiting and exploiting opportunities for professionals. . The proposed rule is in the first step of the agency’s rulemaking process and is currently open to public comment through March 10. . Up the Ante .

Policies 330
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The Stimulus Programs Gig Workers and Freelancers Qualify For

Small Business Labs

  However, the final rules and details on how the various programs will work are still being worked out by the state and federal agencies tasked with administering them.   If all employees are kept on the payroll for eight weeks, SBA will forgive the portion of the loans used for payroll, rent, mortgage interest, or utilities.

Payroll 152
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Stay organized and secure with electronic records management

BMT Office Administration

Organizations need to keep various records as proof of business processes and activities. Many serve as supporting evidence when the company files taxes or gives reports to other federal agencies. The need for company policies. Effective management of electronic records requires an organization to develop specific policies.

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

They ensure consistency of work results by creating a step-by-step process (a road map, if you will) of your responsibilities so that you are more productive. Flow Charts You might decide a flow chart will better illustrate the logic behind how your business process flows. Its that simple. Business systems are beneficial, too.